The upcoming release of the July Consumer Price Index (CPI) is causing significant excitement in the financial markets as analysts anticipate a high likelihood of a September rate cut by the Federal Reserve. According to the CME FedWatch Tool, an 82.5% probability of such a decision exists, with market reactions heavily influenced by this crucial data release. This anticipation of economic easing has been observed across various markets, including cryptocurrencies like Bitcoin and Ethereum. Before the release, the market predicted a rate cut, reflecting the expectations set by futures pricing based on the Bureau of Labor Statistics’ schedule. The impact is expected to be significant for asset liquidity and risk assets, with a potential shift seen in cryptocurrency valuations.